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Market News

Crypto Users Face Danger from New ModStealer Malware

The goal of this malware is to exfiltrate data with a particular focus on cryptocurrency wallets and user credential files.

Written By:
Manmit Kahlon

Reviewed By:
Gopal Solanky

Last updated: September 12, 2025 8:04 PM
Published 2025-09-12
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Crypto Users Face Danger from New ModStealer Malware

While the crypto industry is going through various security breaches, ModStealer, a new infostealer malware, is targeting crypto users on macOS, Windows, and Linux systems. Experts note that this malware can steal information on crypto wallets and access credentials of users. 

According to information from 9to5mac, Apple-focused security company Mosyle found the malware, which even major antivirus engines failed to catch for almost a month after it was uploaded to VirusTotal, an online service that checks files for harmful content.

The report cites that the ModStealer is being delivered to victims through malicious job postings, specifically targeting developers. Using heavily obfuscated JavaScript files written with NodeJS, the malware remains completely undetectable by signature-based defenses. 

“The malware’s main goal is data exfiltration, with a particular focus on cryptocurrency wallets, credential files, configuration details, and certificates,” Mosyle said. The security researchers also found targeting logic for different wallets, such as extensions for Safari and Chromium-based browsers. 

Malware’s perplexing infrastructure

The security company said that the malware stays on macOS by using the system to register as a background agent. While its server seems hosted in Finland, it is believed that the infrastructure is routed through Germany to hide where the operators are from.

“For security professionals, developers, and end users alike, this serves as a stark reminder that signature-based protections alone are not enough. Continuous monitoring, behavior-based defenses, and awareness of emerging threats are essential to stay ahead of adversaries,” Mosyle warns.

On macOS, the malware stays on a victim’s Mac for a long time and is hard to find by using Apple’s own launchctl tool to install itself as a LaunchAgent. From there, it watches what people do and sends sensitive data to a server far away.

Mosyle thinks that the ModStealer fits the description of Malware-as-a-Service (MaaS). This is where people who make malware make and sell harmful packages to affiliates. This kind of business model has become more and more popular among cybercriminal gangs, especially when it comes to spreading infostealers. 

Rise in Crypto Related Hacks 

Crypto hacks have been on the rise for the past few months. PeckShield, a blockchain security firm, says that the hackers stole over $142 million in 17 attacks last month. The amount is 27.2% higher than that of $111.6 million in June 2025.

Also Read: Radiant Hacker Moves $26.7 Million in Stolen Funds to Ethereum

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Manmit Kahlon, She is Crypto Journalist at The Crypto Times
By Manmit Kahlon
Follow:
Manmit Kaur Kahlon is a crypto journalist covering market updates, industry developments, and the politics shaping the digital asset space. With 2 years of experience in reporting and content writing, she specializes in simplifying complex trends and delivering timely insights for readers following the fast-evolving world of cryptocurrencies.
Gopal Solanky, Senior Reporter for Markets and Protocols at The Crypto Times
By Gopal Solanky Sr. Crypto Journalist
Follow:
Gopal Solanky is a Senior Reporter, Markets & Protocols at The Crypto Times, based in Ahmedabad. He covers institutional crypto adoption, Bitcoin treasury strategies, DeFi markets, protocol ecosystems, Ethereum network activity, Hyperliquid, on-chain trends, and broader digital asset market movements. Gopal has been active in the crypto ecosystem for more than six years. Before joining The Crypto Times full-time in 2023, he worked as a freelance crypto content writer, developing a strong understanding of blockchain infrastructure, DeFi protocols, market cycles, token mechanics, and peer-to-peer systems. His reporting focuses on explaining how protocols work, why market movements happen, and how institutional and on-chain activity affects crypto investors and builders. At The Crypto Times, Gopal regularly writes market analysis, protocol explainers, breaking news, and technical breakdowns across Bitcoin, Ethereum, DeFi, altcoins, treasury companies, and Web3 infrastructure. He also conducts on-the-record interviews with regional Web3 founders, protocol teams, and ecosystem leaders. His work has been cited by external publications, including Vulture.com, in coverage of major crypto stories such as the Hawk Tuah memecoin controversy. His reporting has also contributed to The Crypto Times’ coverage of major industry events, including FTX-related developments, institutional crypto adoption, and emerging protocol narratives. Gopal holds a Bachelor’s degree in Computer Applications, giving him a technical foundation for analyzing blockchain systems, crypto infrastructure, and market data.

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